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News

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Posted: over 4 years ago

Island Drilling firms up North Sea deal with Cairn

Island Drilling Company has signed a contract with Capricorn Norge, a subsidiary of Cairn Energy, fo...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Abu Dhabi climbs to sixth place in global oil & gas reserves

Abu Dhabi has become the world’s sixth-largest nation by oil and gas reserves,  Abu Dhabi’s Su...

Posted: over 4 years ago
Posted: over 4 years ago

Brazil set to reap billions from 'mega' oil auction

Brazil is set to hold what has been described as a ‘mega-bidding round’ on Wednesday. In...

Posted: over 4 years ago
Posted: over 4 years ago

Masirah hires Foresight rig for Oman well

Masirah Oil has awarded a drilling rig contract to Foresight Offshore Drilling to use one of its jac...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Seabed Geosolutions completes fourth OBN survey in Brazil

Seabed Geosolutions has just completed a deepwater proprietary 3D ocean bottom node survey in the Sa...

Posted: over 4 years ago
Posted: over 4 years ago

Equinor extends Solstad Offshore vessel trio charters

Norwegian oil and gas company Equinor has extended contracts for three offshore vessels – one ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Pacific Drilling finds work for two drillships

Offshore drilling contractor Pacific Drilling has secured more work for a drillship working in the G...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

OKEA's Skumnisse well comes up dry

The company said Tuesday that well will now be permanently plugged and abandoned as a dry well. ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Decom plan for MacCulloch subsea facilities approved

UK authorities have approved the decommissioning plan for the subsea infrastructure and associated i...

Posted: over 4 years ago
Posted: over 4 years ago

Equinor hits oil and gas in North Sea

Equinor has discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Borr Drilling CFO to step down

The chief financial officer of offshore drilling rig contractor Borr Drilling has decided to step do...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Former TGS CEO becomes Shearwater chairman

Norway’s seismic vessel fleet owner Shearwater GeoServices has named a new chairman of the com...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Aker BP cleared to use Odfjell rig for Nidhogg well

Norwegian E&P player Aker BP has received consent from the offshore safety body, the Petroleum ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

CGG's 3Q net income at $41 million

French marine seismic company CGG reported Group net income of $41 million for the first quarter of ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Prosafe not giving up on Floatel merger

Offshore accommodation specialist Prosafe will not give up on its proposed merger with rival Floatel...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Carigali Hess charter Velesto jack-up on a 3-year contract

Malaysian offshore drilling company Velesto Drilling has scored a contract with Carigali Hess for th...

Posted: over 4 years ago
Posted: over 4 years ago

Senegal includes disputed offshore block in licensing round

Senegalese authorities have included the disputed Senegal Offshore Sud Profond (SOSP) block in a rec...

Posted: over 4 years ago
Posted: over 4 years ago

Shell buying French floating wind farm developer

Oil and gas major Shell is buying EOLFI, a French company specializing in floating wind farm project...

Posted: over 4 years ago
Posted: over 4 years ago

Polarcus returns to profit

Seismic services provider Polarcus returned to profit in the third quarter of 2019 on the back of im...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Prosafe loss widens on impairment charges

Offshore accommodation specialist Prosafe posted a net loss of $360 million in the third quarter of ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

New CFO elected at McDermott

McDermott has appointed Chris Krummel as Executive Vice President, Chief Financial Officer, effectiv...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Santos agrees to acquire stake in Melbana's Beehive

Australian oil firm Santos has exercised an option to acquire a 40 interest in Melbana’s Beehi...

Posted: over 4 years ago
Posted: over 4 years ago

Impairments drag McDermott into the red

McDermott reported a loss for the third quarter of 2019 compared to a profit in the same period last...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

GMS secures 4-year deal in Middle East

Gulf Marine Services has been awarded a four-year contract for a K-Class (Small) vessel in the Midd...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Sparrows scores $71M worth of deals in UAE

Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing £55...

Categories:
  • Business & Finance
Posted: over 4 years ago